Niles, MI · Michigan

Berrien County

ZIP 49022

153,411 residents371 permits TTM$63,152 median HHI23 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$211,400

ACS 5-Year

Cap rate proxy

5.2%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.5%

HUD FMR ÷ ACS HHI

Net migration

+1.30%

IRS SOI

Permits (TTM)

371

Census BPS

Climate risk

81.7

FEMA NRI (0–100)

ZIP 49022

Median home value

Gross yield

Buy Box score

1.0

Section 8 gap

Affordability

P/I: 2.4R/I: 27.6%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown23 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
490221.0
491200.8
491260.8
490980.7
491070.7
491130.7
490380.7
491110.7
491020.5
491030.5
491010.4
491270.4
490850.4
491060.3
491280.3
491250.2
491170.0
49084
49104
49115
49116
49119
49129

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

72.8%

Census ACS

Vacancy rate

17.5%

Census ACS

Bachelor's degree +

30.2%

Census ACS

Rent burdened

45.2%

Census ACS (>30% income)

Median age

42.6

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026